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After weeks or rather months of speculations, Apple finally announced that it will launch the iPhone 5 in China on Dec. 7, the phones will be go on shelves a week later on Dec. 14, according to mobiletor.com

After coming under great conditions for having poor working conditions in manufacturing plants in China, Samsung Electronics Co. released a statement Thursday indicating that it intends to improve conditions.

According to reports, Apple Inc. received approval for a "network access license" in China meaning that the big launch of the iPhone 5 in China might be as early as December.